South Korea requested to procure follow-on support for F-35 jets and components through a potential $675M foreign military sales agreement with the U.S. government. Lockheed Martin (NYSE: LMT) and Pratt & Whitney will be the principal contractors for the State Department-approved FMS transaction, the Defense Security Cooperation Agency s...
James Taiclet, a board member at Lockheed Martin (NYSE: LMT), has been elected by the board of directors to succeed Marillyn Hewson as president and CEO, effective June 15. Hewson, who has served as president and CEO since 2013 and a 2020 Wash100 award winner, will transition to the role of executive chairman of the board by mid-June, Lockheed said...